[Mccoypottery-talk] bidding strategy

[Rachel Lugo]

My strategy is to bid as late as possible.

It seems if I put a bid on an item and am the only bidder some siren seems 
to go off to alert the rest of the McCoy collectors to look at that auction 
and nibble my proxy up by .50 at a time.......even if they have to bid 16 
times to out bid me.

I use www.bidslammer.com also, it saves me time and money to "snipe".    :)


>From: acp <acpearce@io.com>
>Reply-To: mccoypottery-talk@lists.mccoypottery.com
>To: McCoy Pottery Talk LIst <mccoypottery-talk@lists.mccoypottery.com>,   
>OhioPotteryLovers@yahoogroups.com
>Subject: [Mccoypottery-talk] bidding strategy
>Date: Sat, 30 Aug 2003 22:36:30 -0500
>
>
>I have some questions about ebay bidding strategy.
>
>For purposes of this lesson (you're teaching me), let's assume
>fair market value for the item is $25-30 and it is a moderately
>popular item.  It is not one of a kind.  As a matter of fact,
>you see at least one or two auctions going for this item, at any
>given time.
>
>Are you more likely to get the item you want, at a cheaper price,
>if you --
>
>1) Bid very early and put in a maximum bid of say $20  or
>
>2) Bid early, bid about $5 and then increase your maximum
>bid multiple times, when/if you see someone outbidding you.
>
>In other words -- is an early, higher bid more likely to discourage
>other potential bidders, permanently, early on???      Or, will they
>just keep following the bidding and then jump in at the last minute,
>anyway?
>
>Do you understand what I'm saying??
>
>It would be easier for me to put in a maximum bid of $20 and then
>check back at the end of the auction to see if I'm about to get the
>item or not (and then bid higher at the last minute, if I want).
>But if my chances of getting the item for less, depend on my
>babysitting the auction and incrementing my max. bid by a few
>dollars each time, I would rather do that.  ;-)
>
>Or, is all this trying to work out a strategy, just pointless??  ;-)
>Looking back to all my psych and marketing classes, I KNOW
>there must be some commonalities, some conclusions which
>can be drawn about bidding strategy.  It's a puzzle.
>
>So, anyone willing to tackle it?  ;-)     Has anyone noticed how
>it works??
>
>:-)   acp
>***********
>
>
>
>-----------------------------------------------------------------------------
>To be removed from the list, send email to 
>mccoypottery-talk-request@mccoypottery.com
>with the word "unsubscribe" in the body of the message.
>
>You can also unsubscribe on line at: http://lists.mccoypottery.com

_________________________________________________________________
MSN 8: Get 6 months for $9.95/month http://join.msn.com/?page=dept/dialup